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Form 601 Pw

Form 601 Pw

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the so-called experts seem to be coalescing around the idea of what we've been seeing for over a year on this channel a recession is inevitable even the fat chair Jerome Powell in a recent exchange on Capitol Hill with Senators appears to be acknowledging the outcome of the rate hikes will result in about 2 million being unemployed very likely forcing a recession while I purposefully avoid Politics on this channel this next clip shows a very specific stance that the feds are taking right now the unemployment rate is 3.4 percent which is the lowest in 54 years and we actually don't think that we need to see a sharp or enormous increase in unemployment to get inflation under control I'm looking at your getting off 2 million people this year not a sharp increase that to the two million families who are going to be out of work we're not again we're not targeting any of that but I would say even four and a half percent unemployment is is well better than than most of the time for the last

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